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Eurasian Minerals Options the Copper Springs Porphyry Project in Arizona to Anglo American
Feb. 28, 2017 09:18AM PST
Base Metals Investing
Eurasian Minerals (the “Company” or “EMX”) (TSX VENTURE:EMX) (NYSE MKT:EMX) is pleased to announce the execution of an Option Agreement (the “Agreement”), through its wholly owned subsidiary Bronco Creek Exploration, Inc. (“BCE”), for the Copper Springs porphyry copper project (the “Project”) with Anglo American Exploration (USA), Inc. (“Anglo American”). The Project is located approximately 120 …
Eurasian Minerals (the “Company” or “EMX”) (TSX VENTURE:EMX) (NYSE MKT:EMX) is pleased to announce the execution of an Option Agreement (the “Agreement”), through its wholly owned subsidiary Bronco Creek Exploration, Inc. (“BCE”), for the Copper Springs porphyry copper project (the “Project”) with Anglo American Exploration (USA), Inc. (“Anglo American”). The Project is located approximately 120 kilometers east of Phoenix, Arizona within the Globe-Miami Mining District and represents one of three porphyry copper projects acquired in the district through EMX’s generative efforts. The Copper Springs Project covers the majority of a newly recognized, southern porphyry copper trend. Please see attached map and www.eurasianminerals.com for more information.
As quoted in the press release:
“Project Overview. The Copper Springs Project is located in the southern part of the Globe-Miami Mining District and is comprised of 262 unpatented federal mining claims and two State of Arizona Exploration Permits totaling ~6,182 acres. Porphyry copper deposits within the district have been structurally dismembered and rotated by younger, post-mineral faulting.”
